Plains All American Pipeline, L.P. (NYSE:PAA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 7.01. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August14, 2017, Mr.Oscar K. Brown, Senior Vice President, Corporate Strategy and Development, of Occidental Petroleum Corporation (“Occidental”), was appointed by an affiliate of Occidental to serve as its designated representative on the Board of Directors of PAA GP Holdings LLC (“GP Holdings”), the general partner of Plains GP Holdings, L.P. (“PAGP”). PAGP is the sole member of Plains All American GP LLC, which is the general partner of Plains AAP, L.P., which is the sole member of PAA GP LLC, which is the general partner of Plains All American Pipeline, L.P. (“PAA” or the “Registrant”). The GP Holdings Board has responsibility for managing the business and affairs of PAGP and PAA. Mr.Brown replaces Ben Figlock, who served as Occidental’s designated representative on the Board from January2015 to August14, 2017. Any board fees payable in connection with Mr.Brown’s service as Occidental’s designated director will be payable to Occidental. Mr.Brown has not been named to any committees of the Board. For a discussion of the relationships of the Registrant with Occidental, please refer to the Registrant’s Annual Report on Form10-K for the year ended December31, 2016.
Item 7.01 RegulationFD Disclosure.
In accordance with General Instruction B.2 of Form8-K, the information presented under this Item 7.01 shall not be deemed “filed” for the purpose of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, each as amended.
On August16, 2017, the Registrant issued a press release announcing changes to its Board of Directors. A copy of the press release is furnished as Exhibit99.1 hereto.
Item 7.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit99.1 — Press Release dated August16, 2017.